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On Death Tax, the U.S. Is Worse than Greece, Worse than France, and Even Worse than Venezuela

Fredom4u Wrote: Jul 30, 2012 12:51 PM
AMERICA IS WORSE THAN EVERY COUNTRY WITH OBAMA IN THERE REGULATING EVERYTHING FROM SODAS TO CANDY BARS... THE QUESTION IS - Do you have the gumption and the education to vote him out?

Considering that every economic theory agrees that living standards and worker compensation are closely correlated with the amount of capital in an economy (this picture is a compelling illustration of the relationship), one would think that politicians – particularly those who say they want to improve wages – would be very anxious not to create tax penalties on saving and investment.

Yet the United States imposes very harsh tax burdens on capital formation, largely thanks to multiple layers of tax on income that is saved and invested.

But we compound the damage with very high tax rates, including the...

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